4614-Park-Ave-Weehawken-NJ

Gebroe-Hammer Facilitates $6.3M Sale of Two Apartment Buildings in Weehawken, New Jersey

by Amy Works

WEEHAWKEN, N.J. — Gebroe-Hammer Associates has arranged the sale of two apartment properties, located at 10-12 48th St. and 4614-16 Park Ave. in Weehawken. A local private investor acquired the properties, which total 38 units, for $6.3 million. The properties were owned by a single seller under the entity names of 10-12 48th St LLC and 4614-4616 Park Avenue LLC. The four-story building on 48th Street features 13 two-bedroom units and four three-bedroom units, while the five-story Park Avenue building features 21 units in a mix of studio, one-, two- and three-bedroom layouts. Nicholas Nicolaou of Gebroe-Hammer represented the seller and procured the buyer in the deal.

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